Vietnam’s Digital Publishing Surges: New Trends and Revenue Growth

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Digital publishing in Vietnam is experiencing significant growth, as reported by Vietnamnet. A recent conference hosted by the Authority of Publication, Printing, and Distribution highlighted the remarkable progress seen in 2023 and the promising future in 2024.

The shift from traditional ink-on-paper books to dynamic digital publications has become more prevalent, with a substantial increase in e-publications leading the way. Last year alone saw the creation of 4,000 new titles, marking a 19.4 percent rise from the previous year, totaling a staggering 36 million copies – an 11 percent increase.

Particularly noteworthy was the growth in audiobooks, with revenue soaring to $4.83 million during 2022-2023, surpassing expectations. Nguyen Nguyen, Director General of the Authority of Publication, Printing, and Distribution, expressed his pride in Vietnam’s rapidly advancing e-publication market, stating that it is catching up with global standards.

Moreover, 24 out of 57 publishing houses embraced digital platforms, reflecting a 26.3 percent increase from the previous year and accounting for 42.1 percent of all publishing houses. The share of the e-publication market rose to 15.3 percent, surpassing the initial target of 12 percent.

Notably, the application of AI in editing book content and creating audiobooks tailored to diverse audiences has enriched the publishing sector’s offerings. Minister of Information and Communications, Hung, emphasized the importance of innovation in fostering the growth and development of the publishing industry, heralding a new era of digital publishing and a harmonious blend of traditional and digital formats.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the current status of digital publishing in Vietnam?

Digital publishing in Vietnam is experiencing significant growth, with a notable increase in e-publications and audiobooks.

How many new titles were created last year in Vietnam?

Last year, 4,000 new titles were created in Vietnam, marking a 19.4 percent increase from the previous year.

What was the revenue generated from audiobooks during 2022-2023?

The revenue from audiobooks soared to $4.83 million during 2022-2023, surpassing expectations.

How many publishing houses in Vietnam have embraced digital platforms?

24 out of 57 publishing houses in Vietnam have embraced digital platforms, reflecting a 26.3 percent increase from the previous year.

What is the current market share of e-publications in Vietnam?

The share of the e-publication market in Vietnam has risen to 15.3 percent, surpassing the initial target of 12 percent.

How is AI being used in the publishing sector in Vietnam?

AI is being used in editing book content and creating audiobooks tailored to diverse audiences, enriching the offerings of the publishing sector.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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